Monro price target lowered to $25 from $30 at Wells Fargo

Wells Fargo analyst David Lantz lowered the firm’s price target on Monro to $25 from $30 and keeps an Equal Weight rating on the shares. Monro’s Q4 update disappointed, with results well short of low expectations, weaker Q1-to-date comps, and limited visibility into a tire category recovery, the analyst tells investors in a research note.